Advancing Analytics: Putting Risk Analytics to Work For Your - PowerPoint PPT Presentation

Advancing Analytics: Putting Risk Analytics to Work For Your Business Sponsored By:

Advancing Analytics: Putting Risk Analytics to Work For Your Business Visit www.advisenltd.com at the end of this webinar to download: – Copy of these slides – Recording of today’s webinar

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About Advisen Advisen delivers: the right information into the right hands at the right time to power performance. www.advisenltd.com

Today’s Moderator Erin Ayers Editor Advisen

Today’s Panelists Manesh Kotwani Pat O’Neill Angus Rhodes David Lawton Vice President of Analytics, Product Marketing & Business President, Director of Information Development Technology, Ventiv Redhand Advisors Ventiv Turner Construction 6

What are analytics? Can you tell us about the different types? Erin Ayers Advisen David Lawton Manesh Kotwani Pat O’Neill Angus Rhodes Turner Construction Ventiv Redhand Advisors Ventiv 7

THE ANALYTICS JOURNEY

How can analytics help risk managers and their organizations understand their business better? Erin Ayers Advisen David Lawton Manesh Kotwani Pat O’Neill Angus Rhodes Turner Construction Ventiv Redhand Advisors Ventiv 10

How can organizations incorporate analytics into overall enterprise risk management strategy? Erin Ayers Advisen David Lawton Manesh Kotwani Pat O’Neill Angus Rhodes Turner Construction Ventiv Redhand Advisors Ventiv 11

ANALYTICS across the Enterprise

ANALYTICS across the Enterprise Focus Relevance Context

What are some of the latest trends in the use of analytics? Erin Ayers Advisen David Lawton Manesh Kotwani Pat O’Neill Angus Rhodes Turner Construction Ventiv Redhand Advisors Ventiv 14

What are some of the key benefits with continued use of analytics? Erin Ayers Advisen David Lawton Manesh Kotwani Pat O’Neill Angus Rhodes Turner Construction Ventiv Redhand Advisors Ventiv 15

INDUSTRY NEED – To control rising costs Occupational WC Claims - $60 Injuries - $170 billion billion Yearly Exposure Natural/Man Made Fraudulent Claims - Disasters - $110 $30 billion billion

What are the barriers and challenges to analytics adoption? What would you say to hesitant organizations? Erin Ayers Advisen David Lawton Manesh Kotwani Pat O’Neill Angus Rhodes Turner Construction Ventiv Redhand Advisors Ventiv 17

Thank you to today’s panelists! Manesh Kotwani David Lawton Pat O’Neill Angus Rhodes Vice President of Analytics, Director of Information President, Product Marketing & Business Technology, Ventiv Development Redhand Advisors Turner Construction Ventiv 18

Advancing Analytics: Putting Risk Analytics to Work For Your Business Visit www.advisenltd.com at the end of this webinar to download: – Copy of these slides – Recording of today’s webinar

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Leading the way to smarter and more efficient risk and insurance communities. Advisen delivers: the right information into the right hands at the right time to power performance . About Advisen Ltd. Advisen is the leading provider of data, media, and technology solutions for the commercial property and casualty insurance market. Advisen's proprietary data sets and applications focus on large, specialty risks. Through Web Connectivity Ltd., Advisen provides messaging services, business consulting, and technical solutions to streamline and automate insurance transactions. Advisen connects a community of more than 200,000 professionals through daily newsletters, conferences, and webinars. The company was founded in 2000 and is headquartered in New York City, with offices in the US and the UK. +1 (212) 897-4800 | info@advisen.com | www.advisenltd.com